Saudi Arabia Financial News
04.04 / 11:29
04.04 / 08:21
markets
economy
wellness
President
Golf
country
reports
Trump jets off to Florida for a golf tournament after sending US economy into 'panic mode'
Stock markets in the Asia-Pacific region fell for a second day, hot on the heels of the US S&P 500, which had its worst day since Covid crashed the economy in 2020. Nike, Apple and Target were among big consumer names worst hit, all of them sinking by more than 9%. ALSO READ: An article on Warren Buffett acquiring Elon Musk's Tesla for $1 trillion caused huge confusion online. Here's why
02.04 / 12:45
markets
COST
Fox
Platform
Trade
Universities
country
Trump’s ‘Liberation Day’ tariffs: When, where, and how to watch – which countries and sectors will be most affected?
global trade tensions and sparking uncertainty in markets worldwide. These tariffs, designed to counter what Trump calls unfair trade practices, are expected to reshape global commerce in a significant way.
31.03 / 07:31
Remark
President
War
reports
International
US, Russia discussing rare earth metals projects, Putin envoy says
Russia and the United States have started talks on joint rare earth metals and other projects in Russia, and some companies have already expressed an interest in them, President Vladimir Putin's investment envoy said in remarks published on Monday. Amid efforts by U.S. President Donald Trump to end the war in Ukraine, minerals cooperation has been floated by both Kyiv and Moscow, though Trump said on Sunday that Ukrainian President Volodymyr Zelenskiy wants to back out of a proposed deal. Putin in February suggested that the United States might be interested in exploring joint exploration for rare earth metals deposits in Russia, which has the world's fifth-largest reserves of the metals used in lasers and military equipment. Kirill Dmitriev, Kremlin special envoy on international economic and investment cooperation, told the Izvestia newspaper in remarks published on Monday that talks had already begun. «Rare earth metals are an important area for cooperation, and, of course, we have begun discussions on various rare earth metals and (other) projects in Russia,» said Kirill Dmitriev, who is also the CEO of the Russian Direct Investment Fund.
31.03 / 07:01
UPS
security
President
War
shock
Harsh Pant: Trump’s dice roll will throw up a new world order
Subscribe to enjoy similar stories. In his two months in office, US President Donald Trump has given a new meaning to the term ‘disruption.’ Before he took his second presidential avatar, the term was discussed mostly in hypothetical terms in seminar rooms and conference circuits. But eight weeks plus of Trump 2.0 have made disruption the operational reality for the global order.
31.03 / 04:09
UPS
BURST
Food
love
Celebrity
beautiful
peace
Happy Eid Mubarak Wishes 2025: Wishes and messages for family, friends, and loved ones
After fasting from dawn to dusk for 29 or 30 days, Eid is a joyous occasion to come together with loved ones, give thanks, and celebrate the blessings of Allah. This year, the crescent moon was sighted in Saudi Arabia on Saturday, March 30, marking Eid there, while in India, the celebrations will begin on Monday, March 31, 2025, following the moon sighting in Lucknow.
29.03 / 07:29
Provident
Divinity
Celebrity
Eid-al-Fitr 2025 Moon Sighting LIVE: When is Eid in India? March 31st or April 1? Check Saudi, UAE moon sighting date
Eid-al-Fitr 2025 Moon Sighting LIVE: As the month-long Ramadan fasting nears its end with Alvida Jumma celebrations on March 28, Muslims across the globe now prepare for Eid ul-Fitr. This Eid, also called the “festival of breaking the fast," marks the conclusion of Ramadan, during which devotees fast from dawn to dusk.
29.03 / 05:59
28.03 / 03:51
security
President
country
peace
Saudi Arabia is the Middle East’s diplomatic capital
Subscribe to enjoy similar stories. Crown Prince Mohammed bin Salman prides himself on strong relations with President Trump, but Mr. Trump’s second term is posing serious dilemmas for the young Saudi leader, known as MBS.
27.03 / 18:01
markets
COST
Airlines
track
testing
travelers
Destinations
India’s Hyperloop leap: The future of ultra-high-speed travel begins now
ultra-high-speed rail (UHSR), or hyperloop. The concept was first published by Elon Musk in a 2013 white paper, 'Hyperloop Alpha'. Hyperloop envisions pods carrying passengers or cargo in near-vacuum tubes at speeds approaching that of aircraft. Reduced friction and magnetic levitation enable significantly abbreviated travel times, reducing energy consumption and emissions compared to traditional modes. India commissioned a 422-m hyperloop test track — the world's longest — in December 2024, developed by Avishkar Hyperloop at IIT Madras, in collaboration with the Indian Railways and L&T Construction. Last month, TuTr Hyperloop, another IIT Madras-incubated deep-tech startup, working with Swisspod Technologies, conducted India's first commercial hyperloop pod test run.
27.03 / 02:53
UPS
Charity
Food
Celebrity
country
gatherings
Eid al-Fitr 2025: Check date of Eid in US, UK, UAE, Kuwait, Qatar and other regions here
Ramadan, marked by fasting, prayers and acts of charity is a period of seeking forgiveness and taking time to reflect. The day begins with getting up before sunrise, morning prayers, and eating a pre-dawn meal called sehri while in the evening, the fast is concluded with an evening meal called Iftar which often comprises dates, fruits and other food items. Eid al-Fitr this year will be celebrated on either Sunday, March 30, or Monday, March 31, depending on the sighting of the moon in different parts of the world. On this special day, Muslims gather for prayers, visit family and friends, exchange gifts, give to those in need, and enjoy festive meals together. As the Islamic calendar follows the lunar cycle, significant dates shift forward by approximately 11 days each year. The sighting of the crescent moon marks the end of Ramadan and the beginning of Eid celebrations.
26.03 / 13:51
markets
CEO
Assurant
Tesla
Trade
President
reports
Tesla is back! Stock surges as Elon Musk reasserts control, surprise all-hands meeting signals bold moves, boosting investor confidence
Tesla share price rose 3.4 per cent on Tuesday even as Billionaire Elon Musk reportedly held a crucial meeting with employees, as per a report. Parleys between Musk, who is a key advisor to US President Donald Trump's administration, and Tesla employees and investors have been an assuring one, Fortune reported quoting Wedbush analyst Dan Ives. The meeting, which streamed online, had Musk speaking positive things to employees even as he claimed the future for Tesla looks bright. However, even after Tuesday's gain, Tesla's stock nevertheless remains down nearly 29 per cent for 2025 so far.
25.03 / 17:57
Hollywood
FIVE
love
Golf
Latin
reports
Relationships
Before Tiger Woods: Vanessa Trump’s wild romance history includes a gangster, Leo DiCaprio, and a Saudi prince with links to Al Qaeda
Vanessa Trump's love life has been nothing less than a Hollywood movie script. Prior to marrying Donald Trump Jr., she was romantically associated with a gangster, a prince, and an A-list actor. Now she's in the news again, this time for dating golf icon Tiger Woods. The celebrity couple made their relationship public with a shocking statement on Sunday, making Tiger Woods the most recent addition to Vanessa Trump's turbulent romantic life. Ten days prior, Tiger Woods, 49, and Donald Trump, 47, posted two images on social media expressing their love, confirming the story that was exclusively reported by the Daily Mail. «With you by my side, life is better and love is in the air!» We are excited to travel through life together. We would value privacy at this time for everyone we care about," Woods wrote in the caption, as quoted in a report by the Daily Mail. After being connected to a number of intriguing figures in the past, including a Saudi prince and a Latin gang member, the golf legend's new partner has had an exciting dating life. She later wed Don Trump Jr. in 2005, and the two of them have five children together. On March 15, 2018, she filed for an uncontested divorce, as quoted in a report by the Daily Mail.
24.03 / 09:31
security
Election
Southern
President
War
peace
What are the issues in US talks with Ukraine and Russia?
Ukraine with Washington eyeing a separate Black Sea maritime ceasefire deal before securing a wider agreement. The talks, which followed U.S. negotiations with Ukraine in Saudi Arabia on Sunday, come as U.S. President Donald Trump intensifies his drive to end the three-year-old conflict after he last week spoke to both Ukrainian President Volodymyr Zelenskiy and Russian President Vladimir Putin. Here are some of the issues that Russia, the U.S. and Ukraine are discussing:
24.03 / 04:33
Airlines
security
President
Interviews
peace
International
For Russia, Donald Trump has a lot to offer, even without a Ukraine deal
Donald Trump says he is focused on stopping the «death march» in Ukraine «as soon as possible.» But for Russian President Vladimir Putin, ceasefire talks with Trump are a means to much broader ends. Russian and U.S. officials are set to meet in Saudi Arabia on Monday to deepen their negotiations about technical details of a partial ceasefire to halt attacks on energy facilities and on ships in the Black Sea. While Ukraine says it's ready for a full truce, Putin has made it clear that he will seek a wide range of concessions first. The upshot: Russia appears determined to squeeze as many benefits as possible from Trump's desire for a Ukraine peace deal, even as it slow-walks the negotiations. Viewed from Russia, better ties with the United States are an economic and geopolitical boon — one that may be achieved even as Russian missiles continue pounding Ukraine. Interviews last week with senior Russian foreign-policy figures at a security conference in New Delhi suggested that Russia saw negotiations over Ukraine and over U.S.-Russia ties as running on two separate tracks. Putin continues to seek a far-reaching victory in Ukraine but is humoring Trump's ceasefire push to seize the benefits of a thaw with the United States.
23.03 / 15:47
Target
President
Experts
War
country
reports
Russia-Ukraine war to end soon? Here are key talks that may determine a possible ceasefire
The meeting will precede talks between the U.S. and Russian delegations which are scheduled for Monday. The meetings follow a series of talks held in Saudi Arabia, first between the U.S. and Russia, and then later between the U.S. and Ukraine, when Kyiv accepted a 30-day truce proposal. The Ukrainian delegation at Sunday's meeting will be led by Defence Minister Rustem Umerov. President Volodymyr Zelenskiy earlier said this fact would allow Kyiv to act in a «very quick and very substantive» way. However, Ukrainian officials have said they still see Sunday's meeting in Riyadh as purely technical.
23.03 / 10:15
markets
COST
show
country
rock
India imports 8.47 lakh tons of DAP fertiliser from China by Februay
India has imported 8.47 lakh tonnes of di-ammonium phosphate (DAP) fertiliser from China till February in the current fiscal year, government data showed. The Chinese imports represent 19.17 per cent of India's total DAP imports of 44.19 lakh tonnes during the period. In the previous fiscal year, China accounted for 22.28 lakh tonnes, or about 40 per cent, of India's overall DAP imports of 55.67 lakh tonnes. DAP is the second most widely used fertiliser in India after urea. The country also imports DAP from Russia, Saudi Arabia, Morocco, and Jordan, both as finished fertiliser and raw materials such as rock phosphate and intermediate chemicals. For the ongoing rabi season, domestic availability of DAP fertilisers has exceeded the estimated requirement of 52 lakh tonnes, with 48 lakh tonnes already sold. As of March 11, India maintained a closing DAP stock of 9.43 lakh tonnes. Domestic production of DAP and complex fertilisers has been constrained by several factors, including marketing limitations, high finished goods inventory and insufficient manpower.
23.03 / 06:55
markets
UPS
Target
country
International
OYO to expand 'SUNDAY Hotels' to 100 properties by FY26
SUNDAY Hotels have opened in 10 countries across the globe including India, the United Kingdom, Saudi Arabia, the United Arab Emirates, Bahrain, Indonesia, Malaysia, Thailand, Philippines, and Vietnam. SUNDAY Hotels, a premium brand of four-star and five-star hotels, was originally launched in May 2023 through a joint venture between the SoftBank Group and Oravel Stays. The initiative is part of Oravel's ongoing programme to spread its premium hotel footprint around the globe.
23.03 / 05:03
UPS
Citi
Fighting
President
shooting
show
Ukrainians don’t trust Russia on cease-fires, as killing usually doesn’t stop
Subscribe to enjoy similar stories. KYIV, Ukraine—It was a scorching summer day in 2014 when Artem Kravchenko and hundreds of other Ukrainian soldiers put their trust in a Russian promise not to open fire and retreated in a column from the surrounded city of Ilovaisk. By the end of the day, Kravchenko found himself lying in a ditch surrounded by dead comrades after Russian forces shot up the column.
22.03 / 12:15
UPS
WhatsApp
reports
Investigations
Ahmedabad woman files complaint against doctor husband for forcing her to wear a nightgown
Ahmedabad has lodged a complaint against her husband and in-laws, alleging harassment and abuse. According to her complaint, she was forced to wear a nightgown at all times while at home. The woman, who married in May 2023 in Saudi Arabia, stated that her in-laws controlled her clothing choices and mistreated her when she resisted, a TOI report stated.
22.03 / 08:45
Uncharted
tennis
Olympics
reports
International
cricket
Sporting
IPL in Saudi Arabia? Here’s what the league's chairman has to say on Gulf expansion buzz
IPL has become stronger than ever and doesn't see any threat from the growing number of T20 leagues globally, its chairman Arun Dhumal said on Saturday as he steered clear of the speculation swirling around an event backed by Saudi Arabia. Speaking to PTI as the league enters its 18th edition, Dhumal said the BCCI supports the rise in number of T20 leagues globally, especially in unchartered territories like Saudi Arabia, Europe and the USA. He feels the growth will eventually help the game ahead of the 2028 Los Angeles Olympics where cricket will be played. «There is no point discussing something on the basis of speculation. There is nothing on the table for discussion with everyone (all stakeholders). And as far as my knowledge goes, there is no infrastructure as of now in Saudi Arabia that can cater to a tournament of this scale. »So, there is no point discussing speculative stories," said the IPL chairman. Plenty has been reported in international media about the oil-rich Saudi Arabia foraying into cricket over the last two years but nothing concrete has come out of those speculations. Having said that, Saudi Arabia has been a sponsor in the IPL and hosted the mega auction last year.
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